Time and one. Half Pay at one hundred and fifty percent (150%) of an employee’s Hourly Overtime Base Rate. Pay at Time and One-Half shall apply:
Time and one half (1-1/2) will be paid for all time worked in excess of eight (8) hours in a twenty-four (24) hour period which begins with the start of the employee's regular or normally scheduled shift, all time worked in excess of forty (40) hours in one work week for which overtime has not already been earned.
Time and one half (1.5) shall be paid in the event an employee is required to work on a scheduled paid holiday designated as a paid holiday on the school calendar, in addition to the straight time pay for the holiday, provided the employee required to work on the scheduled paid holiday is entitled to the paid holiday.
Time and one half (1.5) an employee's basic hourly rate, or time-off in lieu at one and one-half (1.5) shall be paid for all authorized hours worked in excess of seven and one quarter (7.25) hours in any one (1) day. The employee will make every effort to submit overtime sheets no later than four (4) weeks after having worked the overtime unless an extension is granted by the manager.